5 Stocks Under $5 Making Big Moves

At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers.

Stocks that are making large-percentage moves like these are favorites among short-term traders because they can jump into these names and try to capture some of that massive volatility. Stocks that are making big moves either up or down are usually in play because their sector is becoming attractive or they have a major fundamental catalyst like a recent earnings release. Sometimes stocks making big percentage moves have been hit with an analyst upgrade or an analyst upgrade.

Regardless of the reason behind it, when a stock makes a large-percentage move, it is often just the start of a new major trend — a trend that can lead to huge profits. If you time your trade correctly, combining technical indicators with fundamental trends, discipline and sound money management, you will be well on your way to investment success.

With that in mind, let's take a closer look at several stocks under $5 that are making large-percentage moves to the upside.

5. Joe’s Jeans

Joe’s Jeans is engaged in designing, developing and marketing its Joe’s products, which include denim jeans, related casual wear, and accessories. This stock is trading up 4 percent at $1.27 in recent trading.

Shares of Joe’s Jeans are ripping higher today after the company said it received notification from the Nasdaq Stock Market indicating that the company has regained compliance with Nasdaq’s $1 minimum bid price requirement.

From a technical perspective, Joe’s Jeans is bouncing higher off some near-term support at $1.18 today on above-average volume. This bounce is quickly pushing Joe’s Jeans within range of triggering a near-term breakout trade. That trade will hit once Joe’s Jeans takes out $1.33 with high-volume.

Traders should look for long-biased trades in Joe’s Jeans if it can sustain a move and close above $1.33 on volume that's near or above 402,248 shares. If we get that action soon, look for Joe’s Jeans to make a run at its next significant overhead resistance levels at $1.50 to $1.75.

4. Complete Genomics

Complete Genomics is a life sciences company that has developed and commercialized a DNA sequencing platform. This stock is trading up 10 percent at $3.33 in recent trading.

From a technical perspective, Complete Genomicshas started to flirt with moving back above its 50-day moving average of $3.36 today on heavy volume. This move has also triggered a breakout trade since Complete Genomics has moved above some near-term overheard resistance at $2.99 to $3.02.

Traders should now look for long-biased trades if Complete Genomics can manage to close back above its 50-day and near its daily highs. At last check, Complete Genomics has hit a daily high of $3.46. If we get that action today, then look for Complete Genomics to make a run at its next significant overheard resistance levels at $3.95 to $4.25 in the near future.

3. Astex Pharmaceuticals

Astex Pharmaceuticals is a pharmaceutical company that engages in the discovery, development, and commercialization of novel therapeutics with a focus on oncology and hematology. This stock is trading up 5.9 percent to $1.95 in recent trading.

Shares of Astex Pharmaceuticalsare advancing nicely today after the company announced positive clinical data for subcutaneous SGI-110, which is novel hypomethylating agent.

From a technical perspective, Astex Pharmaceuticals is spiking sharply higher today and now flirting with both its 50-day moving average at $2.05 and its 200-day moving average at $2.14.

Traders should now look for long-biased trades in Astex Pharmaceuticals if it can manage to clear both of those key moving averages, and break out above some major near-term overhead resistance at $2.20 with high-volume. Look for a sustained move and close above those levels that comes with volume that’s near or above 615,998 shares.

If we get that action soon, then Astex Pharmaceuticals has a good chance of re-testing its recent high at $2.95 in the near future.

2. Motricity

Motricity is a provider of mobile data solutions and services that enable wireless carriers to deliver mobile data services to its subscribers. This stock is trading up 10 percent to $1.30 in recent trading.

From a technical perspective, Motricityis surging back above its 50-day moving average of $1.21 today on heavy volume. This move is quickly pushing Motricity within range of triggering a near-term breakout trade. That trade will hit once Motricity can manage to sustain a high-volume move and close above some near-term overhead resistance at $1.33.

Traders should look for long-biased trades in Motricity as long as it’s trending above $1.33 with strong upside volume flows. If we can get a close above $1.33 and near its daily highs today, then look for Motricity to make a run at its next significant overheard resistance levels at $1.65 to $1.85 in the near future.

1. LodgeNet Interactive

LodgeNet Interactive is a provider of interactive media and connectivity solutions to the hospitality industry in the U.S., Canada, and Mexico. This stock is trading up 6.7 percent to $3.82 in recent trading.

From a technical perspective, LodgeNet Interactiveis bouncing big right off its 50-day moving average of $3.51 today on light volume. This move is quickly pushing LodgeNet Interactive within range of triggering a major breakout trade. That trade will hit once LodgeNet Interactive takes out some near-term overhead resistance at $3.90 to $4.09 with high-volume.

Traders should look for long-biased trades if LodgeNet Interactive can sustain a move and close above those levels with volume that’s near or above 148,275 shares. If we get that action soon, look for LodgeNet Interactive to make a run at its next significant overheard resistance levels at $4.81 to $5.50.